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Ubs earns 8 billion on the stock exchange with Credit Suisse

2023-03-21T17:10:42.528Z


Ubs flies to the Zurich stock exchange, with investors convinced that the Swiss institution has done a great deal in taking over Credit Suisse for three billion francs, after the cancellation of 16.3 billion high-risk bonds and the obtaining of guarantees... (ANSA)


(ANSA) - MILAN, MARCH 21 - UBS flies to the Zurich stock exchange, with investors convinced that the Swiss institute has made an excellent deal by acquiring Credit Suisse for three billion francs, after the cancellation of 16.3 billion ad bonds risk and obtaining guarantees for 9 billion on any losses that may emerge from the balance sheet of the 'cousins'.

The title jumped today by 12.1% to 19.425 francs: in two sessions, the capitalization increased by about 8 billion francs, settling at 68.5 billion.

(HANDLE).


Source: ansa

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